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The growing importance of dynamic pricing and rating in insurance

CGI

The growing importance of dynamic pricing and rating in insurance. On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. This is in contrast to the traditional cost-plus approach to pricing in the insurance industry.

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Group-IB presents its annual report on global threats to stability in cyberspace

Security Affairs

Group-IB’s annual report was presented at CyberCrimeCon 2019 international Threat Hunting and Intelligence conference in Singapore. The threat actor mainly targets insurance, consulting, and construction companies. The largest bank card data leaks are related to compromises of US retailers. million to 43.8

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

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Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

On June 10th, during the Digital Risk Summit 2021 online conference ( Amsterdam ), Group-IB presented its research on various fraudulent machinations, obtained thanks to neural networks and ML-based scorings of the Group-IB Digital Risk Protection System. Insurance companies around the world are now suffering from phishing.

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News alert: Fireblocks uncovers vulnerabilities impacting dozens of major wallet providers

The Last Watchdog

If left unremediated, the exposures would allow attackers and malicious insiders to drain funds from the wallets of millions of retail and institutional customers in seconds, with no knowledge to the user or vendor. New York, N.Y., In addition, the academic papers which contained flaws have been revised.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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The New Wave of Consumer Class Actions Targeting Retailers: What is the TCCWNA?

Hunton Privacy

The very acronym evokes head scratches and sighs of angst and frustration among many lawyers in the retail industry. But what is it and why has virtually every retailer been hit with a TCCWNA class action demand letter or lawsuit in the past few months? You have probably heard about it. You may have even been warned about it.

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